3 Year return

0
Launched on January 2022 (2 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹278.89 Cr.

Expense Ratio

0.25% (inclusive of GST)

Exit Load

1.00% - If redeemed or switched out on or before completion of 15 days from the date of allotment of units. Nil - If redeemed or switched out after the completion of 15 days from the date of allotment of units.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

There are no records found for Tax Implications.

Fund Holdings

Holdings

Nippon India Mutual Fund Managers

MD

Mehul Dama

Fund Manager since Aug 2022

View Details

Fund House Details

Nippon India Mutual Fund

Nippon India Mutual Fund Asset management company

AUM ₹433,896.92 Cr.
No. of Schemes 293
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Nippon India Mutual Fund

List of mutual fund schemes by AMC

About Nippon India Silver ETF FoF Direct Plan Growth

The Nippon India Silver ETF FoF Direct Plan Growth is a fund of funds managed by Nippon India Mutual Fund. It is a direct plan, which means that there are no brokerage fees involved when you invest in the fund. A fund of funds is a type of mutual fund that invests in other mutual funds. This gives the fund the flexibility to invest in a variety of asset classes and strategies, which can help to reduce risk and improve returns. The Nippon India Silver ETF FoF Direct Plan Growth invests in the Nippon India Silver ETF. The Nippon India Silver ETF is an exchange-traded fund (ETF) that tracks the price of silver. Silver is a precious metal that has been used as a store of value for centuries.

Investment Objectives of the Scheme

The investment objective of the Nippon India Silver ETF FoF Direct Plan Growth is to provide returns that closely track the returns of the silver price.

Key Features of The Fund

5-year return NA
Expense Ratio 0.25%
Fund Manager Mehul Dama
Fund Size ₹278.89 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The Nippon India Silver ETF FoF Direct Plan Growth is a good option for investors who are looking to invest in silver. Silver is a hedge against inflation and can provide diversification for a portfolio. However, the fund is not suitable for investors who are looking for a safe investment. The price of silver can be volatile and there is a risk of losing money.

AMC Contact Details

Name Nippon India Mutual Fund
Launch Date June 1995
Addresss Nippon Life India Asset Management Limited, 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400 013
Contact 1860 266 0111
Email customercare@nipponindiaim.in
Website https://mf.nipponindiaim.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Combat Inflation With SIP Investments

Beat inflation and watch your money grow with our SIP return calculator. Protect your purchasing power and ensure your investments outpace inflation. Start hedging against inflation and securing your financial future now!

FAQs

What is today's NAV of Nippon India Silver ETF FoF?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Nippon India Silver ETF FoF Jun 11 2024 is 13.9351

What is the AUM of Nippon India Silver ETF FoF?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Nippon India Silver ETF FoF is 278.89 crore.

What is the expense ratio of Nippon India Silver ETF FoF?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Nippon India Silver ETF FoF is 0.25%

What are the returns of Nippon India Silver ETF FoF since inception?

The Nippon India Silver ETF FoF was launched on Jan 13 2022. The fund has delivered a CAGR of 15.78 since inception.

What is the minimum SIP amount to invest in Nippon India Silver ETF FoF?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Nippon India Silver ETF FoF is 100.

How do I invest in Nippon India Silver ETF FoF?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Nippon India Silver ETF FoF?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Nippon India Silver ETF FoF?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Nippon India Silver ETF FoF?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.